AXA IM's Thomas warns of 'uncertain' outlook for global economy in final farewell

Coming to the end of 40-year career

In his final report before retirement, AXA IM's Nigel Thomas highlighted the changes that had a major impact on the industry during his 40-year career, while warning of an "uncertain" outlook for the global economy as "amber lights" begin to flash.

Thomas is set to retire in March 2019 following a four-decade career in investment management, with Chris St John taking over control of his £3bn UK Select Opportunities fund. In 2015, Thomas was awarded the 'Outstanding Contribution to Fund Management' award at the Investment Week Fund Manager of the Year Awards. In his last report on the securities industry, the veteran manager pointed to the key periods of his career when he learnt the greatest lessons, including the three major crashes of 1987, the tech boom in 2000 and the 2008 Global Financial Crisis. In these different envir...